Coface, a world-leading credit insurer, is enriching its offer in Serbia through a local partnership with Axa. In addition to debt collection and business information services, Serbian companies can now benefit from Coface’s longstanding expertise in credit insurance and its international footprint.
Brazil holds the 7th largest GDP in the world and it is the 5th biggest in terms of extension and of population (over 195 million inhabitants). It is also the main economy in Latin America, representing 40% of the total activity and with a GDP per capita of 11,1 USD.
- External deficit expected to narrow in 2014, in line with slower growth
- Inflation above the Central Bank’s year-end target, due to the lira’s depreciation and high food prices
- Political risks to be monitored in the period ahead
- Global deterioration of risks, except externally-oriented industrial sectors